HandBrake 0.9.4 was released a few days ago, and it includes over 1,000 changes since the last release, including soft subtitles (rips subtitles and you can turn then on or off), constant quality encoding (for better quality video and no need for 2-pass encoding), a live preview mode (so you don't waste your time encoding only to find you had a setting wrong) and something many people have been waiting for: 64-bit support. 64-bit builds tend to perform approximately 10% better than 32-bit. Unfortunately, the 64-bit version seems only available for Linux and Mac OS X for now.